Hi All,
I agree with @pow4ade. This could be a very large system. Previous information can quickly be forgotten. Some people have said they are worried about the recourse size, but we are only focusing in on Cathedrals belt.
I have added this extract from a previous announcement in October 2016 this and the MT Alexander greenstone belt have not been drilled yet
Aeromagnetic survey – 8km extension and parallel structures
In October 2016, SGQ commenced a regional airborne magnetic survey over the four granted tenements at Mt Alexander. The survey, now completed, has provided an important data set for generating new exploration targets. A total of 4,472 line kilometres was flown in the survey, which was completed on a 50m spacing with a sensor height around 40m. The survey was flown in two blocks – the northern block that covered the east-northeast Cathedrals belt and the surrounding area and the southern block that covered the north-northwest trending Mt Alexander belt and surrounding area.
The objective of the survey was to provide high-resolution magnetic data to assist in the generation of new regional targets, with particular respect to:
■assist in determining if the Cathedrals belt extends to the east-northeast into SGQ’s recently acquired tenement E29/954. Result: the new data indicates that the Cathedrals belt may continue to the east for a further 8km strike. Magnetic features may represent ultramafics prospective for nickel-copper mineralisation; and
■identify any new structural corridors parallel (north and south) to the Cathedrals belt potentially hosting mineralised ultramafics. Result: the survey identified structures parallel to the Cathedrals belt that may host mineralised ultramafics.
Goodluck to us all.
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